Question: i am creating a pro forma balance statement for a business plan project and i am not sure how to continue. Year 1 Year 2
Year 1 Year 2 Year 3 20,000 1,800 25,000 50,300 2 3 4 Assets 5 Current Assets 6 Bank Account: 7 Accounts Receivables: B Fixed Assets 9 Gym Equipment: 10 Total Assets 11 12 Liabilities 13 Accounts Payable: 14 Current Loans Due: 15 Long-Term 16 Equipment Loan: 17 Total Liabilities 18 19 Equity 20 Retained Earnings: 21 Net Income: 22 Total Equity 23 Total Liabilities & Equity 2,200 5,800 18,000 26,000 16,000 8,300 24,300 50,300
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